China Shuifa Singyes New Materials Holdings Balance Sheet Health
Financial Health criteria checks 3/6
China Shuifa Singyes New Materials Holdings has a total shareholder equity of CN¥161.9M and total debt of CN¥29.8M, which brings its debt-to-equity ratio to 18.4%. Its total assets and total liabilities are CN¥249.3M and CN¥87.4M respectively.
Key information
18.4%
Debt to equity ratio
CN¥29.80m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥46.22m |
| Equity | CN¥161.85m |
| Total liabilities | CN¥87.41m |
| Total assets | CN¥249.27m |
Recent financial health updates
Does China Singyes New Materials Holdings (HKG:8073) Have A Healthy Balance Sheet?
Nov 19
Does China Singyes New Materials Holdings (HKG:8073) Have A Healthy Balance Sheet?
Aug 13China Singyes New Materials Holdings (HKG:8073) Has Debt But No Earnings; Should You Worry?
Oct 24Is China Singyes New Materials Holdings (HKG:8073) Using Too Much Debt?
Jun 09Recent updates
China Singyes New Materials Holdings Limited's (HKG:8073) 296% Share Price Surge Not Quite Adding Up
May 31China Singyes New Materials Holdings Limited's (HKG:8073) Share Price Not Quite Adding Up
Mar 04Does China Singyes New Materials Holdings (HKG:8073) Have A Healthy Balance Sheet?
Nov 19Does China Singyes New Materials Holdings (HKG:8073) Have A Healthy Balance Sheet?
Aug 13China Singyes New Materials Holdings (HKG:8073) Has Debt But No Earnings; Should You Worry?
Oct 24Is China Singyes New Materials Holdings (HKG:8073) Using Too Much Debt?
Jun 09Financial Position Analysis
Short Term Liabilities: 8073's short term assets (CN¥157.7M) exceed its short term liabilities (CN¥66.0M).
Long Term Liabilities: 8073's short term assets (CN¥157.7M) exceed its long term liabilities (CN¥21.4M).
Debt to Equity History and Analysis
Debt Level: 8073 has more cash than its total debt.
Reducing Debt: 8073's debt to equity ratio has increased from 0% to 18.4% over the past 5 years.
Debt Coverage: 8073's debt is not well covered by operating cash flow (19.3%).
Interest Coverage: Insufficient data to determine if 8073's interest payments on its debt are well covered by EBIT.